UK headline inflation hit 7% in March, beating market expectations of 6.7% and February’s 6.2%, as fuel and food costs pushed ever higher. Get your market update from nickcawley1 here:
The US dollar continues to go from strength to strength with the US dollar basket at highs last seen in May 2020. The monthly DXY chart shows the constant move higher in the dollar basket over the last 10 months.The weekly GBP/USD chart shows how a combination of US dollar strength and Sterling weakness has produced an unbroken series of lower highs and lower lows, sending the pair to a near two-and-a-half-year low. A cluster of prior lows between 1.2835 and 1.
The number of traders net-long is 2.81% higher than yesterday and 13.60% higher from last week, while the number of traders net-short is 3.18% lower than yesterday and 18.05% lower from last week. We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests GBP/USD prices may continue to fall.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
'A Disgrace': UK Labour Party Slammed for Seeking Injunction Against Climate Activists\u0022Absolutely incredible,\u0022 said British columnist Owen Jones. \u0022Labour is now positioning itself as more authoritarian and right-wing on civil liberties than the Tories.\u0022
Weiterlesen »
Mystery outbreak of hepatitis in children investigated in the UKThere has been a cluster of cases of hepatitis, or liver inflammation, among young children in the UK, which could be linked to an unknown infection
Weiterlesen »
Wet Leg Leads Race to U.K. Chart CrownAccording to the OCC, the band’s eponymously titled album (via Domino Recordings) is outselling its nearest rival by almost four-to-one.
Weiterlesen »
New omicron XE Covid variant first detected in the UK spreads to Japan as cases riseJapan has reported its first case of omicron XE — a new Covid-19 variant first detected in the U.K. — just as British cases of the subvariant rise.
Weiterlesen »
Daily on Energy: War brings new pressure to frack in UK and GermanySubscribe today to the Washington Examiner magazine and get Washington Briefing: politics and policy stories that will keep you up to date with what's going on in Washington. SUBSCRIBE NOW: Just $1.00 an issue!
Weiterlesen »
Three drivers of markets: Macron, UK stagflation worries and US price dataThis is a shorter trading week for the Easter public holiday, however, there are some key data releases to watch out for and as we have mentioned in r
Weiterlesen »